About This Home
This 0-bedroom, 0-bathroom single family at 215 S 5th Street in Montevideo, MN is listed for $899,900. Built in 1910, on a 0.53 acres lot.
Key Features
- Built in 1910
- 0.53 acre lot
Property Details
Rare opportunity to acquire a well-maintained 9-unit multifamily property featuring two separate buildings on one parcel. The main turn-of-the-century home offers seven units and retains much of its original historic charm, blending character with modern updates.
A second building provides an additional two units, creating a versatile unit mix. Most units have been renovated, offering updated interiors while preserving classic architectural details. Property amenities include on-site coin laundry, a three-car garage, ample off-street parking, and a fenced yard with outdoor features.
The property offers a strong 7% cap rate, making it an attractive option for investors seeking stable income. The combination of historic appeal, functional updates, and on-site amenities contributes to long-term value and broad rental appeal.
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
215 S 5th Street
Montevideo, MN 56265
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom single family at 215 S 5th Street is listed at $899,900. The estimated monthly payment is $4,812 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1910, 0.53 acre lot. Exterior Features: Brick/Stone.
This property is listed by Jason Dowdey and can be reached at (218) 821-9726.